(b) The representations and warranties of Lessee set forth in the
Lease and in any of the other Lease Documents (including all certificates and
opinions delivered in connection with the Lease) were true and correct in all
material respects when made, and if by their express terms are intended to be
made as of the date hereof, remain true and correct in all material respects
as of the date hereof, with the same force and effect as if the same had been
made on this date; and without limiting the foregoing,



(i) (A) Lessee has caused Lessor to have good and marketable title
to the Aircraft, and Lessee has good and marketable title to all Collateral,
in each case, free and clear of Liens, except Permitted Liens; and (B) the
Lessor’s Interest therein is and shall remain validly created and perfected,
and has and shall continue to have first priority over any other Liens (other
than Lessor’s Liens) pursuant to all Applicable Laws; and



(ii) the facts, terms, information, description, and costs set
forth in the attached \_Schedules No. 1, No. 2, No. 2-A, and No. 3\_ are true,
complete, accurate, and correct.